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If QD=100-6P and QS=4p
I understand how to get the equilibrium of p=10 and Q=40 but I need to find consumer and producer surplus ...how does that get calculated?
b) How does the equilibrium change if a price floor of $12 is put in place? Calculate deadweight loss from this price floor.
c) Assume a tax of t=$2 is attached to each unit exchanged in market. calculate the new market equilibrium and the deadweight loss from this change. does the tax revenue make up for the lost surplus?
The dividend is hopefuly to make at a constant rate of 6.00% per year. What is the expected year-end dividend, D1?a) $2.20.
Elucidate the difference among structure and conduct compare these concepts under the two legal systems.
If the airline industry was operating under other market structures, explain how would equilibrium price and equilibrium quantity differ
A new hybrid car manufacturer is trying to decide among making and buying its parts and components. it has complied the following data per vehicle produced:
Elucidate what happened in the simulation as you increased and lowered spending and income tax rates
Elucidate the impact of inflation on salary rates and employment.
Elucidate that the indirect utility fuction of quasi convex function of prices and income
Assume you have a negotiation between Management and Labor concerning Labor wages. Management and Labor do well when they each do the opposite of what other does.
Utlizing the aggregate demand and aggregate supply model, draw an economy in a boom.
What price should DD set to maximize profits? What would output be if DD acted like a perfect competitor and set P = MC?
Each organization manager's performance was evaluated yearly in relation to the specified multiple goals.
Elucidate which economic concepts, sure as comparative advantage, apply to your firm. Explain how these economic concepts can be used to address the firms's problem and opportunities.
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